Upstream news
Decom North Sea secures Decommissioning Challenge Fund grant award
The £5 million fund aims to provide opportunities for the supply chain in Scotland.
Survivex launches interest-free finance to help people fund offshore training
The company, which is now part of the 3T Energy Group, has introduced 0% finance packages to help people finance training for potential jobs in the global energy sector.
Deloitte: trust, technology and transformation key to re-energising oil and gas collaboration
The company has published an annual survey, which includes the Collaboration Index, measuring the effectiveness of companies as partners in collaboration.
Shell to further invest in North Sea gas hub at Shearwater
The company, together with partners Esso Exploration and Production UK Limited and Arco British Limited, LLC, has announced the final investment decision for a Shearwater gas infrastructure hub in the central North Sea.
Wellesley Petroleum: drilling permit for well 35/4-2
The Norwegian Petroleum Directorate has granted Wellesley Petroleum AS a drilling permit for well 35/4-2, cf. Section 15 of the Resource Management Regulations.
Coretrax secures investment to fast-track international growth
Coretrax, the independent wellbore clean-up and abandonment specialist, has received a substantial investment from private equity firm Buckthorn Partners to accelerate its ambitious international growth plans.
Frontera Resources Corporation: financing update
Frontera Resources Corporation has announced that on 11 December 2018 it signed a term sheet with a New York, U.S.A.-based fund seeking to secure a loan of up to US$60 000 000.
IMCA publishes its latest DP station keeping bulletin
The International Marine Contractors Association’s (IMCA) has published its latest Dynamic Positioning (DP) StationKeeping Bulletin. Published quarterly, the Bulletin is a reliable channel for providing feedback on DP events to the industry.
SA Equip, and Scan Tech AS establish partnership agreement for Norwegian Sector
SA Equip has appointed Scan Tech AS, specialists in the provision and maintenance of hazardous area equipment as their exclusive distributor for Norway.
Total strengthens its exploration position In Mauritania
Total and the Ministry of Petroleum, Energy and Mines of Mauritania have signed an agreement awarding Total two new exploration and production contracts for Blocks C15 and C31 deep offshore Mauritania.